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Surplus for Swedish central government in May

8 June 2017 - Press release

Swedish central government payments resulted in a surplus of SEK 36.5 billion in May. The Debt Office’s forecast was a surplus of SEK 34.0 billion. The difference is mainly due to higher income. This was partly offset by higher net lending to government agencies.

Tax income was approximately SEK 4 billion higher than calculated, which was mainly due to higher income from VAT. Other central government income was also higher than forecast. Among other things this is explained by the Riksbank’s transfer of profits of SEK 2.5 billion being carried out in May. This transfer was in the forecast for April.

The Debt Office's net lending to government agencies was SEK 5.6 billion lower than calculated. This was largely due to monthly displacements. The yearly payments of the resolution fee was in the forecast for May, but will be paid in June.

Interest payments on central government debt were SEK 0.8 billion higher than calculated.

For the twelve-month period up to the end of May 2017, central government payments resulted in a surplus of SEK 47.2 billion.

Central government debt amounted to SEK 1,307 billion at the end of May.